Little movement Wall Street looks at the Fed and inflation

Little movement Wall Street looks at the Fed and inflation

(Finance) – Wall Street was substantially stable on a day in which no significant macroeconomic data were expected and, with investors’ eyes turned to the decisions of the Federal Reserve and the data on American inflation, on Wednesday’s agenda. The Fed’s verdict will be followed by the usual press conference by the president, Jerome Powell.

Staying on the subject of monetary policy, the Bank of Jaoan meeting will close the week on Friday, from which the markets do not expect any shocks to the current policy of the Japanese central bank.

The Dow Jones the session continues at the levels of the day before and stops at 38,848 points, while, on the contrary, a small leap forward for theS&P-500, which reaches 5,360 points. Slightly positive Nasdaq 100 (+0.36%); without directionS&P 100 (+0.19%).

The sectors highlighted on the North American S&P 500 list utilities (+1.34%), power (+1.13%) e informatics (+0.48%).

Between protagonists of the Dow Jones, Wal-Mart (+1.40%), Home Depot (+1.26%), Chevron (+1.04%) e Amazon (+1.02%).

The worst performances, however, are recorded on Applewhich gets -1.54%.

Disappointing Visawhich lies just below the levels of the day before.

Lame Verizon Communicationswhich shows a small decrease of 0.95%.

Modest descent for McDonald’swhich drops a small -0.62%.

Between best performers of the Nasdaq 100, CrowdStrike Holdings (+8.86%), Constellation Energy (+7.57%), LamResearch (+3.60%) e Datadog (+3.17%).

The steepest declines, however, occur at Illuminatewhich continues the session with -4.60%.

Goes down Advanced Micro Deviceswith a decline of 4.15%.

He suffers PepsiCowhich highlights a loss of 2.67%.

Prey for sellers Automatic Data Processingwith a decrease of 2.60%.

Among macroeconomic events which will have the greatest influence on the performance of the US markets:

Wednesday 12/06/2024
2.30pm USA: Consumer prices, annual (expected 3.4%; previously 3.4%)
2.30pm USA: Consumer prices, monthly (expected 0.1%; previously 0.3%)
4.30pm USA: Oil inventories, weekly (previously 1.23 million barrels)

Thursday 06/13/2024
2.30pm USA: Unemployment Claims, weekly (expected 222K units; previously 229K units)
2.30pm USA: Production prices, annual (expected 2.2%; previously 2.2%).

tlb-finance